Prime investment opportunity in the heart of Manhattan's Lower East Side! It is a pre-war, 3-story walk-up building with 17 units and approximately 16,657 sf of rentable space over a 5,008 sf lot. Classified as 'Predominant Retail with Other Uses (K4), the property offers street-level commercial spaces combined with residential units above, creating a diverse income stream.Built in 1910, this well-maintained building retains classic pre-war character while offering long-term value potential. Ideal for investors seeking stable cash flow in a highly walkable, transit-accessible neighborhood with proximity to multiple subway lines and the vibrant Lower East Side amenities.Recent permit history indicates ongoing maintenance and updates, supporting continued tenant satisfaction and operational stability. With a prime location, solid structural condition, and multi-use potential, this property represents a rare chance to own a versatile Manhattan investment with both retail and residential upside.
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Listing By
Agency Name: United Real Estate Fortune
Agency Contact: 516-990-8888
Shown By
Agency Title: Laffey Real Estate
Agency Phone: 1-888-289-6902
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50 Delancey Street | MLS# 941016
This commercial property located at 50 Delancey Street, New York, NY 10002 is currently listed for sale with an asking price of $22,000,000. Search New York real estate on www.laffey.com today.